STR Weekly Insights: 8-14 December 2024 ...Middle East

U.S. hotel industry revenue per available room (RevPAR) rose a whopping 18.2% during the week ending 14 December 2024. This was the highest weekly RevPAR gain since February 2023 (excluding a recent week that was skewed by the Thanksgiving calendar shift). The strong performance was seen across the industry, driven largely by an 8.9% gain in average daily rate (ADR), which was the highest for the industry since February 2023.

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